They've removed this [1] page from their site, but it's quite relevant. The main reason funding is being cut is for things related to DEI, gender, and so forth. And it seems this organization was heavily involved in such, which means they may have seen a significant reduction to their funding, even if nothing but funding related to these issues was scrapped.

[1] - https://web.archive.org/web/20240807150252/https://www.jhpie...